Technical Analysis Shows Strong Mid-Term Structure
According to fresh data from CryptoQuant, Binance Coin (BNB) has successfully held its 45-day moving average, confirming strong mid-term structure and renewed market confidence. The report shows BNB trading around $1,060, perfectly aligned with its 45-day average, a level that has historically marked the beginning of recovery phases after consolidation periods.
CryptoQuant analysts note that BNB’s longer-term averages, such as the 60-day and 90-day, continue to trend higher, reflecting a steady uptrend that has persisted since early Q3. The combination of flattening short-term MAs (7d, 30d) and rising mid-term indicators signals that buyers are quietly re-accumulating, using the recent dip as an opportunity rather than a retreat.
Historically, each touch of the 45-day moving average has triggered a rebound in both price and volume for BNB, typically followed by a continuation of the broader uptrend. The latest alignment, where short-term MAs begin to converge toward the 45-day line, suggests the formation of a compressed volatility zone, a common precursor to breakout movement.
The CryptoQuant chart illustrates how BNB has consistently respected this dynamic support throughout 2024–2025, turning each retest into a base for higher moves. Current readings place the 90-day MA near $941, confirming that even during pullbacks, the coin remains structurally sound within its multi-month ascending channel.
Volume metrics also show positive accumulation behavior; recoveries have been supported by sustained inflows, indicating active buying interest at each dip.
Resilience Signals Growing Confidence in BNB’s Outlook
Analysts interpret this technical behavior as evidence of structural strength. “Holding above the 45-day trendline after a cooling period implies that buyers are defending critical levels,” the report states, adding that this reinforces long-term confidence in BNB’s valuation and network utility.
The continued slope of all higher averages, particularly the 60- and 90-day, implies the market’s broader momentum remains bullish. If BNB sustains this pattern through the coming week, CryptoQuant notes, it could set the stage for a trend expansion phase similar to the one seen in mid-2024, when price accelerated 30% within a month following a similar setup.
The Bottom Line
With BNB stabilizing precisely at its 45-day moving average and key indicators showing synchronized upward bias, technical analysts see growing potential for upside continuation into November.
As CryptoQuant summarized, “As long as price holds above this 45-day support, BNB retains a strong foundation for renewed momentum in the weeks ahead.”
If the pattern holds, traders may once again be witnessing the early stages of BNB’s next trend expansion, powered not by hype, but by consistent technical structure and disciplined accumulation.